MORTGAGE SALE
2017249
THE FIRST
NATIONAL BANK & TRUST CO. OF IRON MOUNTAIN,
Mortgagee,
TERRY GORDON,
Mortgagor
FORECLOSURE BY ADVERTISEMENT
NOTICE OF SALE
THIS FIRM IS A DEBT COLLECTOR
ATTEMPTING TO COLLECT A DEBT. ANY INFORMATION WE OBTAIN WILL BE USED FOR THAT PURPOSE. IF THIS DEBT HAS BEEN DISCHARGED IN BANKRUPTCY, THIS IS NOT AN ATTEMPT TO COLLECT THE DEBT FROM THE INDIVIDUAL(S) DISCHARGED. THIS IS AN ACTION TO RECOVER THE
COLLATERAL. PLEASE CONTACT OUR OFFICE AT THE NUMBER BELOW IF YOU ARE ON ACTIVE MILITARY DUTY.
ATTN PURCHASERS: This sale may be
rescinded by the
foreclosing Mortgagee. In that event, your damages, if any, shall be limited solely to the return of the bid amount tendered at sale, plus interest.
MORTGAGE SALE-
Default having been made in the terms and conditions of a certain Mortgage made by The First National Bank & Trust Co. of Iron
Mountain, as
mortgagors, to Terry Gordon, as mortgagee, dated August 25, 2011, and recorded on
August 29, 2011, in Liber 734, Pages 771-788, in the office of the Register of Deeds for the County of Dickinson, and State of Michigan, on which Mortgage there is claimed to be due and owing the sum of $8,184.18 for principal and interest, as of July 24, 2017, with interest
continuing to accrue thereon at the rate of $.79068 per day (7.10% per annum).
And no suit or
proceedings at law or in equity having been initiated to recover the debt secured by said Mortgage or any part therof, and the power of sale contained in the Mortgage having
become operative by reason of such default.
NOW, THEREFORE, by virtue of the power of sale contained in said Mortgage, and pursuant to the statute of the State of
Michigan in such case made and provided, notice is hereby given that on September 1, 2017, at 10:00 o’clock in the forenoon, said Mortgage will be
foreclosed by sale at public action, to the highest bidder, at the front entrance of the Circuit Court
Courthouse, Dickinson County Building, in the City of Iron Mountain, Michigan, for the
purpose of satisfying the amounts due and unpaid upon said
Mortgage, together with the interest thereon, and all legal costs, charges, and
expenses of sale,
including the attorneys’ fees allowed by law, and also any sum or sums which may be paid by the Mortgagee and necessary to
protect its interest in the premises.(The
successful bidder is
required to provide cash or certified funds to the Mortgagee at the sale.)
Said premises are
located in the County of Dickinson, Township of Breitung, and the Sate of Michigan, described as follows:
Lots Twenty-Two (22), Twenty-Three (23) and Twenty-Four (24), Block Two (2)
According to the recorded Plat of first addition to East Breitung, in the
Township of Breitung, Dickinson County, Michigan. Commonly known as 840 Superior Street, Kingsford, Michigan 49802
The redemption period, pursuant to MCL 600.3240, shall be one (1) year from the date of such sale; unless said premises are deemed abandoned pursuant to MCL 600.3240(10), in which case the redemption period shall be one (1) month from the date of such sale.
The property may be redeemed within the redemption period set forth above by paying the amount bid at the foreclosure sale, plus
interest, statutorily
permitted fees to preserve the property, and unpaid
encumbances on the property from the date of sale.
Pursuant to MCL 600.3278, if the
property is sold at
foreclosure sale under the foreclosure by
advertisement statue, the borrower/mortgagor, and any other person obligated on the
mortgage, is liable and shall be held
responsible to the
person who buys the property at the
mortgage foreclosure sale, or to the
mortgage holder, for any damage or
physical injury to the property during the redemption period. Furthermore, after the property is sold at
foreclosure sale, and providing notice under MCL 600.3237, the purchaser at the sale may inspect the
property, including the exterior and interior of any structures on the property, as provided in MCL 600.3238.
Dated: July 31, 2017
BURKHART,
LEWANDOWSKI, MILLER & NASTOFF, P.C.
Attorneys for
Mortgagee
Jeremy J Nastoff
(P74129)
Business Address:
816 Ludington Street
Escanaba, Michigan 49829
Phone: (906) 786-4422
DPU #108-11
August 3, 10, 17, 24 & 31, 2017